Spread before costs (cost unknown: a leg has no order-book sample)+0.047%
7d average—if it closes, per $10,000$5funding while held, a day+$0.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.4966 | 0.0096 | pay 0.0012% / 1h | 39m 57s | $2.9M | $7.5M | 20x |
| Short | Aevo XRP-PERP | 1.4973 | 0.0104 | get 0.0013% / 1h | 39m 57s | $72K | $39K | 3x |
Lighter XRP
Aevo XRP-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.7
- Funding while held
- $0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$11.06
- Spread needed to break even
- 0.160%
Slippage unknown: Lighter: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0008%
- Per $10,000 a day
- +$0.24
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 5 min ago | 1.12 bp | 1.1 bp −$1 | 6.2 bp −$62 | 15.5 bp −$1,549 | 37.9 bp −$19.0K |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XRP price on every exchange
against the cheapest. Click to use as the short leg.Injective1.4090cheapest
Bybit1.4951+6.111%Extended1.4953+6.123%OKX1.4953+6.125%BingX1.4954+6.132%Gate1.4955+6.139%Bitget1.4955+6.139%Binance1.4956+6.146%MEXC1.4956+6.146%BloFin1.4956+6.146%Derive1.4958+6.160%Aster1.4958+6.162%KuCoin1.4959+6.165%HTX1.4963+6.197%SoDEX1.4964+6.203%Phemex1.4965+6.210%Deribit1.4966+6.217%
Injective
Bybit
Extended
OKX
BingX
Gate
Bitget
Binance
MEXC
BloFin
Derive
Aster
KuCoin
HTX
SoDEX
Phemex
DeribitLighter1.4966+6.218%
Lighter RH1.4968+6.231%Kraken Futures1.4969+6.239%Paradex1.4970+6.242%Backpack1.4970+6.246%Orderly1.4971+6.253%Reya1.4972+6.261%Nado1.4972+6.263%Arcus1.4973+6.267%
Lighter RH
Kraken Futures
Paradex
Backpack
Orderly
Reya
Nado
ArcusAevo1.4973+6.268%
Katana Perps1.4974+6.274%Bullet1.4974+6.277%Vest1.4975+6.278%01 Exchange1.4975+6.281%Hotstuff1.4975+6.281%Polymarket Perps1.4975+6.281%Kalshi1.4976+6.288%GMX1.4977+6.298%gTrade (Gains Network)1.4978+6.303%SunX1.4979+6.307%edgeX1.4979+6.308%RISEx1.4979+6.309%dYdX1.4979+6.311%Pacifica1.4980+6.314%ApeX Omni1.4980+6.317%Coinbase International1.4980+6.317%Hibachi1.4982+6.331%Hyperliquid1.4983+6.338%Variational Omni1.4984+6.345%Ondo Perps1.4992+6.402%Aftermath Perps1.4998+6.444%Phoenix1.5010+6.529%Bulk1.5027+6.650%
Katana Perps
Bullet
Vest
Hotstuff
Polymarket Perps
GMX
gTrade (Gains Network)
SunX
RISEx
dYdX
Pacifica
ApeX Omni
Coinbase International
Hibachi
Hyperliquid
Variational Omni
Ondo Perps
Phoenix
BulkXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.854% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bybit XRPUSDT | −0.101% | +0.0100% | 8h | $334.6M | $741.1M | 100x | as long as short |
| Extended XRP-USD | −0.090% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| OKX XRP-USDT-SWAP | −0.087% | +0.0100% | 8h | $124.0M | $753.2M | 100x | as long as short |
| BingX XRP-USDT | −0.081% | +0.0100% | 8h | — | $92.2M | — | as long as short |
| Gate XRP_USDT | −0.074% | +0.0100% | 8h | $356.5M | $120.0M | 100x | as long as short |
| Bitget XRPUSDT | −0.074% | +0.0100% | 8h | $256.7M | $303.9M | 125x | as long as short |
| Binance XRPUSDT | −0.067% | +0.0100% | 8h | $531.5M | $1.63B | 100x | as long as short |
| MEXC XRP_USDT | −0.067% | +0.0100% | 8h | $288.8M | $712.2M | 300x | as long as short |
| BloFin XRP-USDT | −0.067% | +0.0220% | 8h | $23.5M | $55.4M | 125x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive XRP-PERP | −0.055% | +0.0100% | 1h | $806K | $68K | 10x | as long as short |
| Aster XRPUSDT | −0.052% | +0.0100% | 8h | $37.9M | $65.4M | 100x | as long as short |
| KuCoin XRPUSDTM | −0.049% | +0.0100% | 8h | $114.0M | $143.8M | 75x | as long as short |
| HTX XRP-USDT | −0.019% | +0.0100% | 8h | $49.4M | $13.0M | 75x | as long as short |
| SoDEX XRP-USD | −0.014% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Phemex XRPUSDT | −0.007% | +0.0100% | 8h | $53.8M | $24.9M | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.001% | 0.0000% | 1h | $8.2M | $19.2M | 50x | as long as short |
| Lighter XRPlong | 0.000% | +0.0096% | 1h | $2.9M | $7.5M | 20x | |
| Lighter RH XRP | +0.013% | +0.0096% | 1h | $478K | $1.9M | 20x | as long as short |
| Kraken Futures PF_XRPUSD | +0.020% | +0.0366% | 1h | $17.6M | $42.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.023% | +0.0100% | 8h | $468K | $54K | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.026% | +0.0100% | 1h | $1.7M | $929K | 25x | as long as short |
| Orderly PERP_XRP_USDC | +0.033% | +0.0051% | 8h | $188K | $767K | 50x | as long as short |
| Reya XRPRUSDPERP | +0.041% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| Nado XRP-PERP | +0.043% | +0.0100% | 1h | $1.1M | $4.7M | 20x | as long as short |
| Arcus XRP-USD | +0.046% | +0.0100% | 1h | $117K | $594K | 20x | as long as short |
| Aevo XRP-PERPshort | +0.047% | +0.0104% | 1h | $72K | $39K | 3x | |
| Katana Perps XRP-USD | +0.053% | +0.0100% | 8h | $13K | $221K | 20x | as long as short |
| Bullet XRP-USD | +0.056% | +0.0100% | 1h | $41K | $55K | 20x | as long as short |
| Vest XRP-PERP | +0.057% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| 01 Exchange XRPUSD | +0.060% | +0.0168% | 1h | $8K | $8K | 10x | as long as short |
| Hotstuff XRP-PERP | +0.060% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Polymarket Perps XRP-USD | +0.060% | +0.0100% | 1h | $62K | $377K | 20x | as long as short |
| Kalshi KXXRPPERP | +0.066% | +0.0190% | 8h | $1.9M | $34.2M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.075% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.080% | L +0.0003% / S −0.0003% | 1h | $209K | — | 150x | as long as short |
| SunX XRP-USDT | +0.084% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| edgeX XRPUSDC | +0.085% | −0.0119% | 4h | $680K | $83.5M | 30x | as long as short |
| RISEx XRP/USDC | +0.086% | +0.0579% | 1h | $397K | $412K | 10x | as long as short |
| dYdX XRP-USD | +0.087% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Pacifica XRP | +0.090% | +0.0100% | 1h | $635K | $982K | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.093% | +0.0100% | 1h | $1.2M | $723K | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.093% | +0.0224% | 1h | $5.5M | $36.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.106% | +0.0304% | 1h | $20K | $30K | 7x | as long as short |
| Hyperliquid XRP | +0.113% | +0.0858% | 1h | $267.6M | $149.9M | 20x | as long as short |
| Variational Omni XRP | +0.120% | +0.0100% | 8h | $5.8M | $16.4M | — | as long as short |
| Ondo Perps XRP-USD.P | +0.173% | +0.0100% | 1h | $559K | $47K | 5x | as long as short |
| Aftermath Perps XRPUSD | +0.213% | +0.0871% | 1h | $1K | $8K | 10x | as long as short |
| Phoenix XRP | +0.293% | 0.0000% | 1h | $26K | $28K | 15x | as long as short |
| Bulk XRP-USD | +0.407% | +0.0100% | 1h | $1.7M | $213K | 20x | as long as short |